NOT LISTED FOR SALE

1604 Canal Dr Unit 1 Carolina Beach, NC 28428

Estimated Value: $691,000 - $1,003,000

4 Beds
3 Baths
2,000 Sq Ft
$194/mo HOA Fee

Last Sold February 12, 2020

Last sale price $380,000 $190 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $5,107/month

85 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Balcony
  • Carolina Beach Elementary School Rated A-
  • Covered patio or porch
  • 5-minute walk to The North End - Freeman Park

About This Home

As of February 2020

Great location for beach living! One level living with 4 bedroom, 3 bath condo is only a short distance to the beach, Freeman Park, Carolina Beach Pier and more... Great views of the marsh. Home boasts large master suite with private balcony, 2 walk-in closets, garden tub, walk-in shower and dual sinks. Kitchen has granite counters, stainless appliances and tile backsplash. Large living area has plenty of room for family or friends. HOA is managed by the two unit members. All expenses are divided equally between them. Check out this awesome beach home!

Last Agent to Sell the Property

Joyce Barnwell

Intracoastal Realty Corp License #84180 Listed on: 10/04/2019

Intracoastal Realty Corp

Last Buyer's Agent

Sherwood Strickland

Coldwell Banker Sea Coast Advantage

Coldwell Banker Sea Coast Advantage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,943

Year Built

  • Built in 2005

HOA Fees

  • $194 Monthly HOA Fees

Property Views

  • Ocean
  • Canal

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Piling Construction
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Combination Dining and Living Room
  • Home Security System

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Parking Spaces
  • 2 Attached Carport Spaces
  • Driveway
  • Paved Parking

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Covered patio or porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Energy-Efficient Doors
  • Property fronts a marsh

Listing and Financial Details

  • Assessor Parcel Number R08807-017-005-001

Community Details

Security

  • Storm Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,943

Year Built

Built in 2005

Lot Details

0

HOA Fees

$194 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor Unit, One
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: 1st Floor Master, Security System, Walk-In Closet, Walk-in Shower, Smoke Detectors, Blinds/Shades, Ceiling Fan(s), 9Ft+ Ceilings
  • Laundry Location: Hookup - Dryer, Room, Hookup - Washer
  • List Price per Sq Ft: 200.00
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 8
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Bedroom 4 Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Laundry Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 2000.00
  • Total Heated Primary Separate Sq Ft: 2000.00

Exterior Features

  • Exterior Features: Outdoor Shower, Thermal Windows, Thermal Doors, Storm Windows
  • Exterior Finish: Composition
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Balcony, Covered, Porch
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Metal
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Attached Carport Spaces: 2.00
  • Garage And Parking Driveway Spaces: 2.00
  • Total Carport Spaces: 2.00
  • Parking Driveway: Carport, On Site, Paved

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Stove/Oven - Electric, Microwave - Built-In
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: No Amenities
  • HOAAssociationFee1Year: 2328.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1623.00
  • Lot Dimensions: Condo
  • Plat Book: 15
  • Plat Page: 248-250
  • Zoning: R-1
  • Lot View Type: Canal View, Water View, Marsh View, Ocean View

Tax Info

  • Tax Identifier: R08807-017-005-001
  • Tax Year: 2018
  • Total Real Estate Property Taxes: 2943.00

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2019
Closed on
Feb 10, 2020
Sold by
Henning John Lindsey and Henning Denise
Bought by
Lawson Michael S
Seller's Agent
Joyce Barnwell
Intracoastal Realty Corp
Buyer's Agent
Sherwood Strickland
Coldwell Banker Sea Coast Advantage
List Price
$400,000
Sold Price
$380,000
Premium/Discount to List
-$20,000
-5%
Total Days on Market
85
Current Estimated Value
$823,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443,628
Avg. Annual Appreciation
15.31%
Original Mortgage
$292,600
Interest Rate
3.72%
Mortgage Type
Unknown

Purchase Details

Listed on
Jan 11, 2017
Closed on
Dec 15, 2017
Sold by
Dimke Evan Allan and Dimke Bailey
Bought by
Henning John Lindsey and Henning Denise
Seller's Agent
Heather Ligotino
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Butch Saunders Team
RE/MAX Essential
List Price
$348,000
Sold Price
$308,000
Premium/Discount to List
-$40,000
-11.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.21%
Original Mortgage
$246,400
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 17, 2013
Sold by
Ingham Jonathan V and Ingham Anne C
Bought by
Webb Bailey Marie and Dimke Evan Allan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
3.59%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lawson Michael S $380,000 None Available
Henning John Lindsey $308,000 None Available
Webb Bailey Marie $270,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawson Michael S $150,000
Open Lawson Michael S $300,000
Closed Lawson Michael S $292,600
Previous Owner Henning John Lindsey $246,400
Previous Owner Webb Bailey Marie $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2020 02/12/20 Sold $380,000 -5.0% $190 / Sq Ft
12/28/2019 12/28/19 Pending -- -- --
10/04/2019 10/04/19 For Sale $400,000 +29.9% $200 / Sq Ft
12/15/2017 12/15/17 Sold $308,000 -11.5% $154 / Sq Ft
10/28/2017 10/28/17 Pending -- -- --
01/11/2017 01/11/17 For Sale $348,000 -- $174 / Sq Ft
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,483 $508,500 $0 $508,500
2022 $2,554 $508,500 $0 $508,500
2021 $3,509 $508,500 $0 $508,500
2020 $3,018 $377,300 $0 $377,300
2019 $3,018 $377,300 $0 $377,300
2018 $2,943 $377,300 $0 $377,300
2017 $3,000 $377,300 $0 $377,300
2016 $2,590 $301,900 $0 $301,900
2015 $2,442 $301,900 $0 $301,900
2014 $2,382 $301,900 $0 $301,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100187315

Hive MLS

APN: R08807-017-005-001